50TH ANNIVERSARY OF THE

UNIVERSITY OF VIRGINIA COMMUNITY CREDIT UNION

 

 

WHEREAS,    the University of Virginia Community Credit Union is celebrating its 50th anniversary at its annual meeting on May 26, 2004; and  

 

WHEREAS,    the Credit Union was founded in 1954 by Daniel D. Colcock, a University of Virginia Hospital administrator, who brought together a group of University of Virginia employees to form a credit union for the purpose of improving the financial lives of its members;  and

 

WHEREAS,    the original bylaws state that, “The object of this corporation shall be to promote thrift among its members by giving them an opportunity to save money in small amounts, thus accumulating and investing the savings of the members; to make loans to its members which promise to be of benefit to the borrower; and generally conduct a credit union as hereinafter provided;” and  

 

WHEREAS,    today the Credit Union has more than 45,000 members, and membership is open to all who live, work, or attend school in the City of Charlottesville and the counties of Albemarle, Fluvanna, and Greene.  The Credit Union operates seven branches throughout the Charlottesville-Albemarle community; and

 

WHEREAS,    the Credit Union offers a wide variety of personalized, high-quality financial services, including deposit accounts, loan accounts, and multiple avenues for convenient account access.  The Credit Union is a non-profit, member-owned financial institution, the largest of its kind in Central Virginia; and

 

WHEREAS,    for fifty years, the University of Virginia Community Credit Union has made vital contributions to the financial well-being of thousands of residents of this community;

 

NOW, THEREFORE, I, Lindsay G. Dorrier, Jr., Chairman of the Board of Supervisors of Albemarle County, Virginia, in recognition of this important anniversary, do hereby congratulate the University of Virginia Community Credit Union for 50 years of service, and call upon all citizens to recognize the essential contributions that the Credit Union makes in enhancing the financial well-being of the residents of our community.

 

Signed and sealed this 7th day of April, 2004.

 

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